FOREX-Dollar Treads Water Ahead of CPI, Tariffs Remain in Focus

INDEKS DOLLAR - NEW YORK. The dollar weakened against the euro on Tuesday but stayed near its highest level in more than two years as cooler-than-expected inflation data following last week's strong jobs report made it hard to project the Federal Reserve's next moves on interest rates. 

Data showed U.S. producer prices increased moderately in December. Investors had already started to scale back bets on rate cuts as potential U.S. tariffs remained in the spotlight.